> For the complete documentation index, see [llms.txt](https://docs.term.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.term.finance/terminal-1-execution/workflows/one-click-rollover.md).

# One-click rollover

One-click rollover lets a user extend an existing Term loan by moving it from its current maturity into a compatible Term market with a later maturity. Unlike the original [**rollover auction**](/protocol/term-repos/rollovers.md) process, one-click rollover presents this as a single routed action in Terminal 1.

<figure><img src="/files/qRoiCqtdAB3rSROrV5SN" alt=""><figcaption></figcaption></figure>

### How this differs from auction rollovers

* **Protocol rollovers (auction):** depend on lender participation and auction clearing conditions. The rollover is not instant, and the fill may be partial or may not occur.
* **Terminal 1 rollover (one‑click):** uses a route-based, flash-loan-backed execution flow. The rollover either completes in full or reverts.

### When to use rollover

* You want to maintain exposure beyond the current maturity without fully exiting and re-entering manually.
* You want to move to a later maturity while keeping the same market structure (loan/collateral parameters).
* You want execution to be atomic (either the rollover completes or nothing changes).

### What the route does (high level)

A one‑click rollover route generally:

* takes flash liquidity to source repayment funds,
* repays the current Term debt and unlocks collateral,
* uses the unlocked collateral to open a new Term position in a compatible market (different maturity),
* uses the new proceeds to repay the flash loan,
* returns any remaining assets per route outputs and constraints.

### Eligibility (compatibility)

One‑click rollover requires a compatible market with a later maturity. Compatibility is determined by market parameters (loan token, collateral token(s), and collateral/risk constraints) and the availability of liquidity in the target maturity.

### What to review before signing

* Current position and the target market (especially the new maturity).
* Expected borrow amount and resulting collateralization in the new position.
* Fees and any UI buffers applied to reduce avoidable reverts.
* Authorization scope (approvals/permits/spending caps required by the route).

### Common failure causes

* No eligible target market (or insufficient liquidity in the target maturity).
* Proceeds from the new position are insufficient to repay the flash loan after fees/buffers.
* Required approvals/permits are missing or insufficient.
* Market conditions changed between preview and execution.

### Notes

One‑click rollover is an execution workflow. It does not change the protocol’s underlying repo mechanics; it changes how the close-and-reopen sequence is composed into a single route. For the auction-based mechanism, refer to the protocol [**Rollovers**](/protocol/term-repos/rollovers.md) documentation.